The expansion of gravity

I'm aware that all matter generates their own Gravity, and thus everything is held together, for the Gravity part anyway. However, my question is: Is Gravity all existant, or does it expand/collapse at a rate?

To clairify my question a bit, I'll ask this. If we were 2 apples in space at quite a large distance apart, and we were to create a planet inbetween them, that had the gravity to pull the apples in, within a short time frame.
Now, is the Gravity instantly existant at the apples, when the planet is created, or does it take time for the Gravity to reach the apples?

Similarly, if we were to nullify the planet, would the gravity instantly dissapear, or would it gradually nullify?

Gravity, as proposed by Einstein, travels at the speed of light. Put a planet in betweent he apples, and the gravity will travel in ripples until reaching it's destination. If you remove the planet, I must ask the question, "Are the apples on the planet?" If so, then the affects of removing the planet will be immideately. Otherwise, it will take time to notice the change.